£1.5 Million Distributed By Manx Lottery Trust
Plans have been announced by the Manx Lottery Trust (MLT) to distribute £1.5 million towards good causes in the Island over the forthcoming five years.
Chairman of the MLT, Neil Bryden said, “The availability of much needed additional funding for voluntary and community organizations on the Isle of Man, is great news.”
“There are in existence several different groups, committed to bringing significant improvements to communities, and individuals most in need, and it is these organizations who we look forward to supporting through funding.”
Eligible groups are a voluntary or community organization, club or association, parish or town local authority, or school. Grants are available by application, of between £1001, and £10,000, under the auspices of the General Awards Programme, whose focus is to assist a specific project with funding.
Other grants available through the trust are the Smaller Grants and Larger Grants Programs, which provide funding from £300 – £1000 and over £10,000 respectively.
Further information, including funding criteria, and application procedure and forms, can be obtained by visiting: www.mlt.org.im
Originally established as the Isle of Man Public Lottery Trust in 1982, the Manx Lottery Trust distributes the funds from the Isle of Man Public Lottery.
A percentage of excise duty originating from the sale of the UK National Lottery tickets in the Isle of Man, has, since December 1999, been distributed by the Manx Lottery Trust. In the Isle of Man, it was not permissible for folk to play the UK Lottery during its first five years.
Grants to the value of £329,858, in the 15 month period to March 3rd, were distributed, improving communities and the lives of folk most in need.
Manx Lottery Trust is a partner of the Big Lottery Fund, responsible for distributing half of the money accumulated for good causes by the National Lottery, and also, the largest distributor of same.
Source acknowledged with thanks: iomtoday.co.im June 2010
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